Federal Reserve System

E2923

central bank independent government agency

The Federal Reserve System is the United States’ central banking system, responsible for conducting monetary policy, regulating banks, maintaining financial stability, and providing financial services to the government and financial institutions.

Aliases (6)

Federal Reserve Banks ×6
Federal Reserve ×4
Federal Reserve (as fiscal agent of the United States) ×1
Federal Reserve System (on an informational basis) ×1
U.S. Federal Reserve System ×1
the Fed ×1

Statements (49)

Predicate	Object
instanceOf	central bank → independent government agency →
chairTitle	Chair of the Federal Reserve →
country	United States of America →
currencyManaged	United States dollar →
dateFounded	1913-12-23 →
foundedBy	United States Congress →
governingBody	Board of Governors of the Federal Reserve System →
hasCommittee	Federal Open Market Committee →
hasPart	Federal Open Market Committee → Federal Reserve Banks → Federal Reserve Board of Governors →
headquartersLocation	Washington, D.C. →
independenceCharacteristic	operationally independent within government →
ISO4217CurrencyCode	USD →
legalBasis	Federal Reserve Act of 1913 →
monetaryPolicyGoal	maximum employment → moderate long-term interest rates → stable prices →
monetaryPolicyTool	discount rate → forward guidance → interest on reserve balances → open market operations → reserve requirements →
numberOfFederalReserveBanks	12 →
primaryRole	conducting monetary policy → maintaining financial stability → providing financial services to depository institutions → providing financial services to the U.S. government → regulating and supervising banks →
providesService	U.S. government securities services → check clearing → currency and coin distribution → electronic funds transfer →
publishes	Beige Book → FOMC statements → Federal Reserve Bulletin → Summary of Economic Projections →
regionStructure	12 Federal Reserve Districts →
regulatoryFunction	consumer protection in financial services → systemic risk monitoring →
reportsTo	United States Congress →
roleDuringCrisis	lender of last resort →
shortName	Federal Reserve → the Fed →
supervises	bank holding companies → foreign banking organizations in the United States → state-chartered member banks →
website	https://www.federalreserve.gov/ →

Referenced by (81)

Subject (surface form when different)	Predicate
Bank One Corporation → Bank of America → Capital One → Corporate & Investment Bank → Discover Financial Services ("Federal Reserve") → Fifth Third Bank → First Chicago NBD → JPMorgan Chase → Regions Financial Corporation → Truist Financial →	regulator
Chair of the Federal Reserve → FRB → Federal Reserve Bank of Cleveland → Federal Reserve Bank of New York → Federal Reserve Bank of Richmond → Federal Reserve Bank presidents → Federal Reserve Board building, Washington, D.C. → Federal Reserve Board governors → Federal Reserve Board of Governors →	partOf
BEP → Chair of the Council of Economic Advisers (Cabinet-level) ("Federal Reserve System (on an informational basis)") → Office of Domestic Finance → Office of Financial Markets → United States Department of the Treasury → United States Department of the Treasury →	collaboratesWith
63rd United States Congress → Federal Reserve Act of 1913 → Federal Reserve Act of 1913 ("Federal Reserve Banks") → Glass–Owen Act →	created
Eugene R. Black → Janet Yellen → Paul A. Volcker →	employer
Jerome H. Powell → Randal K. Quarles →	boardMemberOf
Office of the Comptroller of the Currency → Office of the Comptroller of the Currency →	cooperatesWith
FRB ("Federal Reserve Banks") → Federal Reserve Board of Governors ("Federal Reserve Banks") →	oversees
Consumer Financial Protection Bureau → Federal Open Market Committee →	parentOrganization
Federal Reserve System ("Federal Reserve") → Federal Reserve System ("the Fed") →	shortName
Office of Financial Institutions → Under Secretary for Domestic Finance →	worksWith
Reg D →	administeredBy
Emergency Banking Act →	affected
Volcker shock ("Federal Reserve") →	appliedBy
Federal Reserve Reform Act of 1977 →	appliesTo
Summary of Economic Projections →	associatedWith
US dollar ("Federal Reserve Banks") →	banknotesIssuedBy
US dollar →	centralBank
Paul A. Volcker →	chairmanOf
BLS →	dataUsedBy
Bureau of Economic Analysis →	dataUsers
Glass–Owen Act →	definesRoleOf
Glass–Owen Act →	established
Independent Treasury System →	followedBy
Title 12 of the United States Code →	governs
Dodd–Frank Wall Street Reform and Consumer Protection Act →	grantsAuthorityTo
Fireside chats on banking crisis →	hasAssociatedInstitution
Federal Reserve System ("Federal Reserve Banks") →	hasPart
Federal Reserve Bulletin →	isOfficialPublicationOf
Federal Reserve Note →	issuer
Aldrich–Vreeland Act →	laidGroundworkFor
Great Recession recovery →	mainImplementer
Bank of America →	memberOf
Chair of the Federal Reserve →	officeHolderOf
Federal Reserve Board building, Washington, D.C. →	ownedBy
Philadelphia Mint →	producesFor
Beige Book →	publishedBy
Red Book →	publisher
Federal Reserve Note ("Federal Reserve Banks") →	regionalIssuance
United States federal securities markets →	regulatingAuthority
TD Bank →	regulatoryAuthority
Independent Treasury System →	relatedTo
Elissa Leonard →	spouseEmployer
Wholesale Securities Services ("Federal Reserve (as fiscal agent of the United States)") →	stakeholder
Title 12 of the United States Code →	subjectMatter
United States in G7 finance ministers meetings ("U.S. Federal Reserve System") →	supportedBy
Federal Reserve Bank of Richmond →	system
National Economic Accounts ("Federal Reserve") →	usedBy